7,000 Shares in AerCap Holdings (NYSE:AER) Acquired by Caption Management LLC

Caption Management LLC bought a new stake in shares of AerCap Holdings (NYSE:AER) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,000 shares of the financial services provider’s stock, valued at approximately $670,000.

Several other institutional investors also recently bought and sold shares of AER. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of AerCap by 0.6% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider’s stock valued at $1,837,000 after purchasing an additional 115 shares during the last quarter. Signaturefd LLC raised its stake in AerCap by 3.2% in the fourth quarter. Signaturefd LLC now owns 5,717 shares of the financial services provider’s stock valued at $547,000 after buying an additional 177 shares during the last quarter. Dorsey & Whitney Trust CO LLC boosted its holdings in AerCap by 3.8% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 5,322 shares of the financial services provider’s stock worth $509,000 after acquiring an additional 194 shares in the last quarter. Inspire Advisors LLC grew its stake in shares of AerCap by 3.4% during the fourth quarter. Inspire Advisors LLC now owns 6,336 shares of the financial services provider’s stock worth $606,000 after acquiring an additional 209 shares during the last quarter. Finally, Williamson Legacy Group LLC increased its holdings in shares of AerCap by 2.5% during the fourth quarter. Williamson Legacy Group LLC now owns 10,674 shares of the financial services provider’s stock valued at $1,022,000 after acquiring an additional 261 shares in the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

AerCap Stock Performance

NYSE AER opened at $107.81 on Wednesday. The firm has a market capitalization of $20.14 billion, a P/E ratio of 8.54, a PEG ratio of 2.22 and a beta of 1.41. The stock has a 50-day simple moving average of $99.75 and a two-hundred day simple moving average of $97.80. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. AerCap Holdings has a fifty-two week low of $82.21 and a fifty-two week high of $108.79.

AerCap (NYSE:AER) last announced its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share for the quarter, beating the consensus estimate of $2.69 by $0.99. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same period last year, the business earned $3.29 earnings per share. AerCap’s quarterly revenue was up 2.9% on a year-over-year basis. On average, equities analysts forecast that AerCap Holdings will post 11.29 earnings per share for the current year.

AerCap announced that its board has initiated a stock repurchase program on Wednesday, February 26th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the financial services provider to purchase up to 4.9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

AerCap Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Wednesday, May 14th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $1.08 annualized dividend and a yield of 1.00%. AerCap’s dividend payout ratio is presently 9.58%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AER. Morgan Stanley lifted their target price on shares of AerCap from $101.00 to $111.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 1st. Susquehanna boosted their price objective on shares of AerCap from $108.00 to $120.00 and gave the company a “positive” rating in a report on Thursday, February 27th. UBS Group lowered AerCap to an “underperform” rating in a research note on Friday, March 7th. Barclays reaffirmed an “overweight” rating and set a $115.00 price target (up previously from $113.00) on shares of AerCap in a research report on Thursday, February 27th. Finally, Bank of America increased their price objective on AerCap from $105.00 to $125.00 and gave the company a “buy” rating in a report on Friday, March 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $118.00.

AerCap Profile

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.